Government to Splash £500m on OneWeb Broadband Satellites

By GIXnews

The UK Government will reportedly invest around £500m (equity) into British-registered space company OneWeb as part of a wider private-sector consortium bid. The firm has been busy building a global network of Low Earth Orbit (LEO) satellites for ultrafast broadband, but as part of the deal it may have to deliver GPS too. Until late […]

Source:: ISPreview